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What is business process outsource?

This assigning of some or whole of your task to a third party company is called "outsourcing" and when it is concerned with the "outsourcing" of any business activity is called as "Business Process outsourcing" or in other words you can say that BPO is the process of hiring another company to handle business related activities for you. These companies are called "call-centre" in laymen term. Now if a company which is based in US is outsourcing its service to an Indian company it is called "off-shoring" means hiring a company based in another country is called off-shoring.


What is a short specific statement of the purpose and direction of a business called?

It would be the company's vision statement.


Why the properties of business man called company assets?

Properties in a business is called company assets because it is what keeps the business going. This is the money that is collected in a business.


The costs of goods and services used in the process of earning revenues are called?

A business or company has expenses. Expenses include the costs of goods and services that are used in the process of earning revenues.


Why is selection called a negative process in business?

Selection is called a negative process in Business as more candidates who apply for employment are rejected than employed. That is why Selection is called a negative process.


When was the Australian company called Phone Business established?

Unfortunately, there is not a company in Australia called Phone Business. Maybe the company name is listed under a name other than Phone Business and is located in Australia.


What does the company Six Sigma Program do?

There is no company called Six Sigma Program, instead Six Sigma is a set of tools used by business and others that improves process outputs by identifying and removing error and reducing variability in manufacturing and business processes.


What is it called when a business is owned by two or more people?

A business that is owned by 2 or 20 people is called a partnership. A business that is owned by 2 or 50 people is called a private company and a business that is owned by unlimited number of people is called a public company.


what is the process of initially recording a business transaction is called?

journalizing


The process of conducting business on a global scale is called?

globalization


What is BPR called?

Business process reengineering is known as BPR


The process of initially recording a business transaction is called?

Journalizing